U.S. stocks were lower, with the Dow Jones index falling around 400 points on Friday.

Shares of Gemini Space Station Inc (NASDAQ:GEMI) rose sharply after the company reported better-than-expected first-quarter financial results. Also, the company announced a $100 million direct investment by Winklevoss Capital Fund.

Gemini reported a loss of 93 cents per share, beating the consensus estimate of a 96 cent-loss. In addition, it reported revenue of $50.27 million, beating the consensus estimate of $49.28 million and representing a 42% year-over-year increase.

Gemini Space Station shares jumped 25.7% to $6.61 on Friday.

Here are some other big stocks recording gains in today’s session.

  • Globant SA (NYSE:GLOB) gained 15.8% to $39.45 following upbeat quarterly sales.
  • Figma Inc (NYSE:FIG) surged 13.6% to $23.00 after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
  • Magnum Ice Cream Company NV (NYSE:MICC) gained 11.7% to $16.78.
  • RXO Inc (NYSE:RXO) surged 10.9% to $19.42. Stifel analyst J. Bruce Chan upgraded RXO from Hold to Buy and announced a $22 price target.
  • Julong Holding Ltd (NASDAQ:JLHL) gained 10.1% to $21.77.
  • Invivyd Inc (NASDAQ:IVVD) gained 8.6% to $1.26.
  • Doximity Inc (NYSE:DOCS) surged 8.5% to $19.55.
  • Falcon’s Beyond Global Inc (NASDAQ:FBYD) rose 6.6% to $12.06 following first-quarter results.
  • Sweetgreen Inc (NYSE:SG) gained 6.4% to $7.33.
  • Venture Global Inc (NYSE:VG) surged 6.4% to $13.84.
  • Sutro Biopharma Inc (NASDAQ:STRO) rose 5.3% to $40.44 following quarterly results.

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